On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

'petrengr1' pid='49428' datel Wrote:

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

Pet, these are big  crooks, professional wall street type.  I am amazed that intra day on balance volume, measuring accumulation or distribution, has shown IOC intra day obv at the highs of the day, such as I type this.   I figure it takes money pools trading back and forth between themselves, computer algorithms that match buys with offsetting sells, and HFT to control price.also.  Big wall street now has the ability to accumulate while driving lower,  and vice versa.   Do you really think , as reported, some big prop trading firms making money every quarter with miniscule days of losses?  They got rid of the specialist system (goldman was the largest) in favor of a better mouse trap.....for them.   The other side of the trade?  how about constantly chipped few cents out of your skin.    Have you ever noticed and felt that?  lol.....the regulators are appointed by  those who have a vested interest, imo......trans

'petrengr1' pid='49428' datel Wrote:

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

Very astute observation Pet,  yes, they're accumulating imo

'trans' pid='49430' datel Wrote:

'petrengr1' pid='49428' datel Wrote:

On a low volume down day we are seeing buyers accumulate the stock. A look at today’s chart indicates the higher volume spikes are occurring when a buyer steps in.

I invite comments from you professional traders. If the stock is under accumulation why isn’t it up? More buyers than sellers.

Very astute observation Pet,  yes, they're accumulating imo

Thanks Trans.

Interesting read, Palm thanks for that.

There has been an extraordinary contraction of averages and trading range

'Palm' pid='49434' datel Wrote:If one wants to get an idea of what goes on in the stock market, you might read this blog entry by Mark Cuban written a few years ago. He's seen how all of this works first-hand: http://blogmaverick.com/2013/01/10/the-stock-market-2/

Palm- I will add my thanks for a very interesting Blog. I guess we had better hope for some good discoveries to add value to the Company and pick  the right time to get out, before the insiders dilute the shareholder base by giving themselves options. Looks like this is already well underway but hopefully the share price will appreciate more than the insider options will dilute it.

Maybe we should send this to Hession. He needs to create some excitement about this stock so the institutions and individual shareholders would be interested in buying.  Looks like “his” road show was not very effective. Could be  because he didn’t give any answers to their questions.  Maybe if he would give us regular drilling reports and few little tidbits about what they are doing and what they are expecting we could help him out.